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News
eServGlobal Limited (ASX: ESV) raised A$33.4 million to fund support the capital increase in HomeSend
October 04, 2018 09:15 AM AEST| By Team Kalkine MediaeServGlobal Limited (ASX: ESV) announced the total fundraising of A$33.4 million via placement of 304,000,000 new shares of eServGlobal at an issue price of A$0.11 per share. The placement was done by way of Firm placing, Institution offer and Clawba...
Quantify Technology Placed In A Trading Halt
October 04, 2018 09:14 AM AEST| By Team Kalkine MediaQuantify Technology Holdings Limited (ASX: QFY) is involved in the operations of developing and selling hardware and software devices for the monitoring and management of Internet enabled devices in Australia. On 4 October 2018, the company announced...
4 Stocks Taking Charge
October 04, 2018 09:10 AM AEST| By Team Kalkine MediaFour stocks from varied sectors trading at less than a dollar and taking charge on the Australian stock exchange are discussed herein. With S&P/ASX 200 also closing higher at 6176.3 up by 30.23 points these stocks are worth looking at. CAULDRON E...
InvoCare and Propel Funeral’s Pre-Paid Contracts Are Set To Win Over Funeral Insurance
October 04, 2018 09:09 AM AEST| By Team Kalkine MediaFuneral companies InvoCare Limited (ASX: IVC) and Propel Funeral Partners Limited (ASX: PFP) have been the likely winners from the criticisms raised by Hayne royal commission in respect of funeral insurance companies for getting involved in fraudulen...
3 Gold Stocks To Look At – OGC, GOR and RSG
October 04, 2018 09:04 AM AEST| By Team Kalkine MediaAfter China, Australia is the world?s second largest gold producer with production at the highest levels in 13 years. This certainly makes Australia a key player in the global gold industry. Australia has 16.3 percent gold resources which are globall...
Market Updates: Does Stronger US Economy Raises Concerns Of Inflation?
October 04, 2018 08:57 AM AEST| By Team Kalkine MediaThe US economy is witnessing a boost and is expected to witness growth at a faster pace than the rest of the world as it is backed by the solid fundamentals. The country?s benchmark 10-year yield was boosted on the back of strong macro-economic data...
5 LIC Stocks With Dividends – NCC, NAC, WAM, WLE, MLT
October 04, 2018 08:34 AM AEST| By Team Kalkine MediaListed investment companies are a smart way to invest conservatively for investors with little or less expertise to invest directly into ASX listed securities and a good way to achieve market diversification. They are a subset of listed managed inves...
Macmahon Holdings Limited (ASX: MAH) announces class action settlement at $6.7 million cost, court approval awaited
October 04, 2018 08:21 AM AEST| By Team Kalkine MediaThe legal matters dragging since last 3 years reaches its final settlement at a cost of $6.7 million. In an announcement to Australian Securities Exchange, mining services provider Macmahon Holdings Limited stated that the class action proceedings r...
Class Limited’s Shares Decline After Release Of September Quarter Update
October 04, 2018 08:14 AM AEST| By Team Kalkine MediaClass Limited (ASX: CL1) is involved in the operations of cloud-based accounting, administration software and investment reporting for accountants, advisers and administrators in Australia. On 4 October 2018, Class Limited released its September Quar...
Suncorp Group Limited To Hold EGM For Approval On Pro-Rata Return Of Capital Following The Sale Of Its Australian Life Insurance Arm
October 04, 2018 07:04 AM AEST| By Team Kalkine MediaSuncorp Group Limited (ASX: SUN) intends to hold Extraordinary General Meeting, seeking for the approval of shareholders in respect of pro-rata return of capital and share consolidation on the sale of its Australian life insurance business. The meeti...
Banking Royal Commission: Freedom Insurance Shares Plummet On Direct Phone Sales
October 04, 2018 06:56 AM AEST| By Team Kalkine MediaAfter stopping new sales and revealing plans to more than splitting fifty-fifty its workforce, Freedom Insurance shares have fallen as much as 27 percent. Responsible for some of the evidence revealed at the banking royal commission, amid a regulator...
Adulteration Found In 18% Of The 38 Samples Of Australian Honey
October 04, 2018 06:48 AM AEST| By Team Kalkine MediaAustralia is the world?s fourth-largest exporter of honey and honey is the world?s third-most adulterated food. The recent study by Macquarie University scientists?revealed that adulteration was found in almost one in five samples of local honey. The...
Looking For Making Investments In The US Stocks While In Australia? Well, Go Ahead!
October 04, 2018 05:49 AM AEST| By Team Kalkine MediaThe market participants in Australia wanting to chase the US stocks can now do so as they can now make deployments in the Apple Inc. (NYSE: AAPL) and 30 other US companies by the mid of the next year. Chi-X Australia has allowed to trade in the US st...
Bank of Queensland Limited’s (ASX: BOQ) shares soar despite lower profit
October 04, 2018 05:42 AM AEST| By Team Kalkine MediaEarly this morning, 4 October 2018, Bank of Queensland announced their FY18 results for the 12 months ended 31 August 2018. Statutory net profit after tax for fiscal 2018 slipped to $336 million, down by 5% on previous year NPAT of $352 million. It r...
How To Read A Financial Report
October 04, 2018 05:35 AM AEST| By Team Kalkine MediaThe company?s financial performance is usually judged by its Financial Reports. Financial report provides details of financial activities and financial position of the company over a specific period of time. Most businesses and organizations provide...
Banking Royal Commission: Economist Warning
October 04, 2018 05:12 AM AEST| By Team Kalkine MediaBanking royal commission has laid out the policy recommendation and a lot seem to be riding on the same including the stability of Australian property markets. Consequences which are unintentional are expected from the royal commission?s recommendati...
Magellan Financial Group Limited’s (ASX: MFG) CEO Hamish Douglass Swaps Role With Chairman Dr Brett Cairns
October 04, 2018 04:56 AM AEST| By Team Kalkine MediaMagellan Financial Group co-founder Hamish Douglass steps aside as Chief Executive Officer and takes the role of chairman at Magellan, swapping position with current Chairman Dr. Brett Cairns. In a media release dated 4 October 2018 Magellan Financi...
IOOF Holdings’ Take Over Of ANZ’s Wealth Business Is Still In Doldrums
October 04, 2018 04:51 AM AEST| By Team Kalkine MediaIOOF Holdings Limited (ASX: IFL) announced on 2 October 2018 that purchase of Australia and New Zealand Banking Group Limited?s (ANZ) OnePath pension and investments business is expected to be completed by the end of March next year. However, accordi...
Collins Foods’ Shares Zoom Up – Fast Food Group Announces Roll Out Of More Taco Bell Restaurants
October 04, 2018 04:36 AM AEST| By Team Kalkine MediaOn 4 October 2018, Collins Foods Limited (ASX: CKF) announced that the company has entered into a Development Agreement with Taco Bell (a subsidiary of Yum! Brands Inc.) that will govern the roll-out of more than 50 new Taco Bell restaurants across d...
US Economy Is On A Roll: What Investors Need To Know
October 04, 2018 04:25 AM AEST| By Team Kalkine MediaThe macro-economic data released on October 3, 2018 showed that the US economy is accelerating at a rapid pace lifting the hopes of the global investors. The robust momentum in the economy helped the US benchmark rates on the government bonds and, as...
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